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Fri 02 Feb 2010BT turns its first profit in Republic

TELECOMS GROUP BT turned a profit in the Republic for the first time in the year to the end of March 2009, according to accounts seen by The Irish Times.

The accounts cover BT’s three main trading entities in Ireland: BT Communications Ireland Group Ltd; BT Net Ireland Ltd (BT Net); and BT Communications Ireland Ltd (BT CIL). When read together, the accounts show a pretax profit of €2.13 million compared to a pretax loss of €21.3 million for the 12 months to the end of March 2008.

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